Under the Biden administration, government bureaucrats pressured and threatened banks to stop doing business with certain industries like fossil fuels, firearms, digital assets, and religious organizations.
My @FinancialCmte Subcommittee on Oversight and Investigations exposed this effort, and yesterday’s @USOCC report confirmed many of our findings.
This goes way beyond the scope of the federal government’s authority, and it’s exactly what Democrats will do if they regain power in Washington.
My colleagues and I on the Financial Services Committee have advanced legislation to ensure future Democrat administrations cannot pressure banks into carrying out their far left ideology. Watch:

Very Pro-CryptoAdd commentary on this stance
Commentary on Stance
Congressman Dan Meuser earns a flawless 100 stance score for his relentless fight against the political debanking of the digital asset industry.
For years, crypto businesses suffered under what became widely known as Operation Choke Point 2.0—a coordinated effort by the previous administration to pressure traditional banks into cutting ties with lawful crypto companies. By utilizing shadow-regulatory tactics and vague warnings about "reputation risk," government bureaucrats effectively choked off the fiat gateways necessary for the digital asset industry to survive, operate, and pay its employees in the United States.
Meuser used his position on the Financial Services Subcommittee on Oversight and Investigations to expose this severe overreach. His concerns were completely vindicated by a recent report from the Office of the Comptroller of the Currency, which formally documented how the previous administration weaponized the financial system against disfavored, yet fully legal, industries.
Crucially, the Congressman isn't just highlighting the problem; he is actively advancing legislation to stop it. He and his committee colleagues have championed critical bills like the SAFE Guidance Act, which explicitly strips regulators of the power to use informal, non-binding guidance to intimidate financial institutions.
Debanking lawful crypto businesses is one of the most hostile, anti-crypto actions a government can take. Lawmakers who actively dismantle the bureaucratic framework that allowed this to happen are sending the strongest possible pro-crypto signal. By fighting to ensure that no future administration can coerce banks into cutting off digital asset innovators, Congressman Meuser is cementing the foundational banking access the industry requires to thrive.





















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